Confluences: 1-Primary trend at Daily chart is downward. 2-Price was moving below EMA 200 at Daily and 4H chart. 3-Supply zone 1.0620-30 has been re-tested more times and price pulled back again to resume its bearish move.
Trade attivo
Trade attivo
Nota
We are waiting for breaking out the line to confirm the bearish bias for the pair.
Nota
Nota
Price already has broken the line as per CPI effects which is more than expected.
Trade attivo
Nota
We can enter Sell order now. Confluecnes: 1-high volume 2-Price action (engulfing bearish candle) 3-Breaking the upward line.
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